RAYMOND A. WORSECK is vice president, chief economist and manager of
economic research for A.G. Edwards & Sons, Inc. a national investment
firm with the industry’s fourth-largest retail distribution network,
encompassing more than 6,000 investment professionals in 560 offices
throughout 48 states and the District of Columbia. He also serves as
coordinator of A.G. Edwards’ Investment Strategy Committee. Prior to
joining A.G. Edwards in 1969, Mr. Worseck was involved in commodity
price research in St. Louis. He holds a master’s degree in economics
from St. Louis University. Mr. Worseck has served as president of the
Research Division of the Futures Industry Association and of the St.
Louis chapter of the National Association of Business Economists. He has
also served on the Board of Governors for the St. Louis Society of
Financial Analysts. Currently, he also serves on the economic advisory
committee of the Public Securities Association, and is listed in Who’s
Who in Finance and Industry and Who’s Who in America. Mr. Worseck has
appeared on numerous programs as a speaker on the economy, futures
markets, the outlook for the dollar, interest rates and the stock
market. He has been interviewed on ABC’s "Good Morning America," PBS
television’s "Nightly Business Report" and CNBC. In addition, Mr.
Worseck is frequently quoted in national business publications such as
the New York Times, The Wall Street Journal, Investor’s Business Daily,
Barron’s, Business Week, The Christian Science Monitor, Fortune and
Money.
Masaki Naito - Fuji Investment Management Co Ltd
September 29, 1997